NOT LISTED FOR SALE

561 N 4th Ave Des Plaines, IL 60016

Estimated Value: $319,695 - $323,000

3 Beds
2 Baths
1,381 Sq Ft
$233/Sq Ft Est. Value

About This Home

This home is located at 561 N 4th Ave, Des Plaines, IL 60016 and is currently estimated at $321,174, approximately $232 per square foot. 561 N 4th Ave is a home located in Cook County with nearby schools including Cumberland Elementary School, Chippewa Middle School, and Maine West High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2019
Sold by
Patel Alpesh S and Patel Neeta A
Bought by
Mery Yushaa Zeyad and Mery Yushaa
Current Estimated Value
$321,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,850
Outstanding Balance
$173,376
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$147,798

Purchase Details

Closed on
Apr 1, 2003
Sold by
Patel Neeta M and Patel Sharmila M
Bought by
Patel Alpesh S and Patel Neeta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.76%

Purchase Details

Closed on
Mar 15, 1999
Sold by
Patel Sharmila M and Patel Neeta M
Bought by
Patel Sharmila M and Patel Alpesh S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.85%

Purchase Details

Closed on
Jul 14, 1994
Sold by
Schoenwald Hansen Douglas A and Schoenwald Hansen Gail
Bought by
Patel Mahendra and Patel Sharmila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.38%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mery Yushaa Zeyad $205,000 Attorney
Patel Alpesh S -- Multiple
Patel Alpesh S -- Multiple
Patel Sharmila M -- Chicago Title Insurance Co
Patel Mahendra $121,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mery Yushaa Zeyad $198,850
Previous Owner Patel Alpesh S $48,000
Previous Owner Patel Sharmila M $70,000
Previous Owner Patel Mahendra $96,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,717 $27,000 $11,951 $15,049
2024 $5,717 $25,000 $3,000 $22,000
2023 $5,553 $25,000 $3,000 $22,000
2022 $5,553 $25,000 $3,000 $22,000
2021 $5,460 $17,764 $2,201 $15,563
2020 $5,368 $17,764 $2,201 $15,563
2019 $4,449 $19,960 $2,201 $17,759
2018 $3,783 $16,084 $1,887 $14,197
2017 $3,734 $16,084 $1,887 $14,197
2016 $3,776 $16,084 $1,887 $14,197
2015 $3,527 $14,290 $1,651 $12,639
2014 $3,469 $14,290 $1,651 $12,639
2013 $3,565 $14,983 $1,651 $13,332
Source: Public Records

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